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funded by cbs >> it's friday welcome to "cbs this morning," everyone. i'm jeff glor with rebecca jar sis. charlie, gayle and norah are off. there are predictions but little progress in washington with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obam
" th, everybody everybody. i'm jeff glor along with rebecca jarvis. >>> the fiscal cliff is now just four days away. >>> president obama meets with congressional leaders for one last effort before they reach the deadline. major garrett is at the white house. major, good morning. >> good morning, rebecca and jeff. president obama meets with the top congressional leaders. no deal can be reached impasse without their meeting. so far the fiscal talks have been when all four of these leaders have been present. >> whether he meant it or not, it seems exhaustive. >> i mean what's going on here? >> what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff. talks continue between senior white house and congressional staff, but that's been true throughout then tire saga. with the deadline looming there were dire predictions. >> come the first of this year, americans will have less income than they have today. >> and rekrimm nations. >> now republicans have bent over backward. we've
himself with it. captioning funded by cbs >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis. huge winter storm is making its final stop in the northeast, after causing damage and travel problems coast to coast. >> more than 35 states have felt the power of the storm since it first hit california sunday. it's now blamed for at least 12 deaths, along with the snow it caused more than 40 tornadoes in the deep south, starting on christmas day, and this morning, northern areas of pennsylvania new york and new england have one to two feet of snow on the ground. nearly 500,000 utility customers have lost power. melina shop row is in new york. >> reporter: as the snow continues to fall authorities are urging motorists stay off of the roads. with about a foot of snow already on the ground we're seeing how big and powerful this snowstorm has been. from california to new york the fast-moving storm system that began over the weekend completed its cross-country trek in the northeast, enveloping state after state and heavy snow. >> that's pretty rough. the wet sno
." >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis charlie rose. gayle king and norah o'donnell are off. >>> on the ground and in the air on this busy day before christmas, there's trouble. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east threatening to cause problems all week long. anna warner is at dallas/ft. worth airport. anna, good morning. >> reporter: we're seeing a steady stream of travelers on their way to destinations. things on the west coast have cleared up. no major flight delays out there so far, but people heading to other holiday destinations may encounter some trouble. that's because this fast moving storm is heading over the rocky mountains and is expected to drop a lot of snow on the midwest as it heads to the northeast. travelers may see problems. those hoping for a white christmas will get their wish, but they may be stuck seeing santa in the airport. >> we don't want to spend christmas at laguardia. >> reporter: more than 5,000 flights were cancelled this week as snow smothered
"cbs this "cbs t >>> welcome to "cbs this morning." i'm jeff floor. there is travel trouble across the nation and on the ground in the air on this busy day before christmas. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east, threatening to cause problems all week long and anna werner is at dallas-ft. worth international parent. good morning. >> reporter: good morning, rebecca and jeff. we receive a steady stream of travelers coming in here at the dallas-ft. worth international airport but some across the country could have some problems if they're still on their way to their holiday destinations. that's because that fast-moving storm is coming over the rocky mountains and is poised to dump a lot of snow on the midwest as it moves to the northeast. those hoping for a white christmas will get their wish but they may be stuck seeing santa in the airport. more than 5,000 flights were canceled this week as snow smothered the midwest. drivers didn't fair any better as heavy accumulation clogged roadways and buried cars. >> i wish i had my reindeer.
will go to jeff flock for that. jeff. jeff: as we speak, gm executives, that is who you are looking at right now, they are talking about the new chevy silverado. if you look at the pictures of this, there was a huge explosion as a new chevy silverado pickup was unveiled to the public. it is the number one selling vehicle for gm. this is where this thing went off. they set off an explosion down here. they are hoping for and explosion of sales. we talked to the president, for gm and he said even if we go off of it gm can still make money. we can flex and make a lot of money at fiscal cliff levels. we do not think that we need to. jeff: what do you do immediately >> we take a look at different car lines. we look at where the strength is and could be. then we look at the pent up demand. jeff: this is the silverado. they already have some kind of inventory. mark reuss said they have increased incentives. they are selling pickups. if we do not go off the cliff, they are extremely well-positioned. connell: jeff, thank you, as always. we will go back to washington for the speaker of the hou
to be the potential for tornadoes in the southeast and meteorologist jeff berardelli of wfor has more. good morning, jeff. >> good morning, rebecca. already getting active out there, especially in parts of texas and louisiana. severe thunderstorm warnings are ongoing. the reason for it is right now we have a lot of energy in the atmosphere and what that's causing is the potential for a widespread severe weather outbreak. winds out of the southeast and winds out of the southwest and that causes spinning in the atmosphere or wind sheer. this is a powerful system. a lot of the thunderstorms are going to become rotating super cell thunderstorms. we expect probably a lot of tornadoes and some of them could be on the strong side during the day today. >> all right, jeff, merry christmas. thanks so much. >>> christians around the world are celebrating the birth of jesus. pope benedict delivered his annual christmas day message talking about what he called the slaughter in syria. earlier he talked about the need for god in a technology-driven world. and crowds packed manger square in be
of this fiscal cliff talk. jeff flock talks exclusively with the ceo coming up. we will be right back. dagen: top winners on the nasdaq. take a look. ♪ copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung functition all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. connell: we are back to talk about the largest producer gasoline powered engines i
. ashley: we need to get our applications and. tracy: oil prices tumbling again. jeff flock in the pits of this cme with the very latest. jeff: coffer of about 1% today. positive news out of china. coffee is down. way down. the number of coffee beans is up. that means prices are down. scott shelby trades a lot. >> not really. deflation may be coming on board and set of inflation. it is something japan has been stuck on for years. jeff: the big markets are not moving. >> when the government tells you lower longer, we may not all put our purchases off for next year. our economy still is not doing very well. we have the inflationary rather than inflationary. jeff: scott will walk slowly, by the way, he fell down the stairs and he is concerned about the economy falling down the stairs. >> even if there is a deal, ultimately, that will not get jobs going. we are growing a little bit. central bankers cannot stand deflation. they have been fighting inflation for years. jeff: i will leave you with the price of gold. you think gold is done. >> it will be cheaper next year. it will start to get p
long it became the 12-13-12 concert. jeff glor is here with the highlights. jeff, good morning. >> reporter: charlie, good morning touchlt it seemed like everything about the night was big. the length of the concert, nearly six hours. the list of performers, 17. promoters are hoping the biggest number of all is the amount of money raised. >> this has got to be the largest collection of old english musicians ever in mad 17 square garden. >> reporter: mick jagger was right, but it wasn't just englishmen performing at last night's concert for sandy relief. the stage was full of artists and presenters who grew up in sandy's path. >> my city, new york city. ♪ put your cell phones in the air ♪ ♪ we can celebrate love >> i'm here to talk to you about seaside heights. >> long island. >> i was born in brooklyn. >> staten island. >> the good part, not the wootang part. >> we're just too mean to lay down and die. ♪ >> reporter: an epic lineup for an historic show. ♪ only the good die young >> reporter: available to two billion viewers. the 12-12-12 concert was the most widely di
of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change what i think is a central part in the senate, the 60-vote super majority, but it would make the filibuster into something that the minority had to put some effort into using. you have to want it. now, so i want to be clear on merkley's proposal. if it passed, the minority could still filibuster anything they wanted. they couldn't subject almost everything to the same 60-society challenge we have now. all they would have to do is talk. tell the american people why. and they probably wouldn't even have to do that that much, because the majority can't just let them talk all the time, they have to let them get stuff done. but even that modest reform is too much for many senators. "the huffington post" reports that a bipartisan group of lawmakers led by herman cain and levin are proposing a counter proposal that does even less. it would eliminate some redundant opportunities to filibuster. gi
to rebuild. jeff pegues, abc news, new york. >> so much good news. jeff pegues, abc news, new york. >> so much good news. viewed b captioned by closed captioning services, inc. >>> good thursday morning. 4:30 a.m.. thanks for joining us i'm eric thomas. >>> and i'm kristen sze. fatal accident that could cause problems on the san mateo bridge. >> sue has the latest. >>> unfortunately we start off the morning with a fatality westbound on the san mateo bridge before the highrise blocking right lane. not affecting traffic bunching up as
to squawk on the street, joined by jeff sprerk, ceo of intercontinental exchange and duncan niederauer, ceo of the new york stock exchange. a cash and stock deal worth roughly $33, a bit more now, per new york stock exchange shares, given ice shares are actually up. gentlemen, nice to have you here on the floor. duncan, let me start with you. >> sure. >> my understanding is mr. sprecher approached you a number of months ago, conversations began. when he approach ready you at the time, give pun the previous history where you have been part of the potential hostile for the new york exchange, why did you say, all right, i will talk to this guy and what were you thinking when the approach was made? >> a lot of questions in there first of all, we have known each other for a long time. we like each other and i think our attitude is business first, right? so it was business last year. i understood why jeff was doing what was doing. he understood what we were trying to do we have been friends, we stayed friends and if we put our shareholder value creation hats on, this was an easy discussion to hav
. >>> should you get in now or will it continue to slide at $5.07? liesman's exclusive with jeff lacquer, who is at odds with his fellow fed policymakers. keep it right here. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to phot
means the box office ahead. cheryl: jeff flock takes a look at how the fiscal cliff is threatening one business. >> the businesses that fix your cars, bake your bread, do all the other stuff in life. is fixing the fiscal cliff easier than fixing an automotive transmission? that and more when we come back. stay tuned. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. dennis: time warner stock pumping up today. one reason could be the pointy eared superstar, "the hobbit." setting an all-time high for a film opening in december. time warner, this geek fest opens to almost as much money as the four films took in combined. it has done even better in china, $84 million in china alone versus 70 million in the u.s. so far. lastly there is this, watch out, espn. fox sports may be coming after you. espn worth more than $40 billion. now the "wall street journal" is reporting fox is looking at setting
®. cheryl: right now we're coming up on 15 past the hour, stocks now, of course, every 15 minutes. jeff flock is in the trading pits of the cme where coffee prices perking lower, sandra smith watching retail, first to nicole on the floor of the new york stock exchange. >> thanks, cheryl, up about one-quarter of 1%, stocks up. use that term loosely today, but we're really thinking tech lately. a lot of people have been following the tech names, let's take a look agencies coe in particular which is a great performer on the dow jones industrials. one of the reasonn they got an upgrade, the price target now $24 up from $23 with a buy rating, but the whole point is that tech, actually, in my mind what i'm looking at, the overall market here, is really doing well. hewlett-packard is a winner on the dow jones industrials with the talk of carl icahn getting involved, microsoft was there, surface doing well, so there's a lot of different stories within tech. and even apple, which started off in the red and move today the green. so tech is one of the areas that is helping to keep all three of the
of those who knew and loved him. players also taking to twitter. the chief defensive lineman jeff allen tweeting this afternoon i am still in shock. i don't want to believe it. rip jerry brown. ted de williams who played with dallas and is now corner back for the colts. the cowboys play tomorrow. the team was briefed about what happened. the team had arrived in cincinnati and when they got to the hotel they were escorted into the hotel. they did not stop to talk to any fans. obviously everyone traumatized by what they learned this afternoon. >> two promising lives one cut short the other changed no doubt forever. >> casey said it i mentioned it earlier as well. one week ago we were learning the details of another nfl tragedy. that's when kansas city chief linebacker belcher killed his girlfriend before driving to the chief's stadium and committing suicide in front of the manager. two dash cameras showing belcher asleep outside of the apartment dmreks arou complex about 3:00 in the morning hours before he committed murder. police questioned him for several minutes checking to see if he h
. >> reporter: along the beach in alameda, photographer jeff heart used the tide to his advantage and searched for a glimpse of a rare bird. >> i always know that when you have a tie high like this it pushes some of the shoreline bird species up to where you can see them. >> the king tide pushed waters above 7 feet along san francisco's embarc a dero. this shows just how high the tide road and when it fell here in al mega. if you missed the king tide you can find them here. skwraáeufrd háerpd? >>> a combination of high tide and train caused headaches today. the rape fall shottered a record at. water sloshed on to city streets. >>> on monday we told you about a program that offers free flu shots for bay area children. today customers lined up to take advantage. it's reported to be an early and strong flu season. for the rest of this month most bay area target stores are vaccinating children for free. the only criteria the little ones must be within four and 18 years old. in san jose children and their parents lined up to get protected. >> especially since we have an infant at home and the flu
, photographer jeff heart used the tide to his advantage and searched for a glimpse of a rare bird. >> i always know that when you have a tie high like this it pushes some of the shoreline bird species up to where you can see them. >> the king tide pushed waters above 7 feet along san francisco's embarc a dero. this shows just how high the tide road and when it fell here in al mega. if you missed the king tide you can find them here. skwraáeufrd háerpd? >>> a combination of high tide and train caused headaches today. the rape fall shottered a record at. water sloshed on to city streets. >>> on monday we told you about a program that offers free flu shots for bay area children. today customers lined up to take advantage. it's reported to be an early and strong flu season. for the rest of this month most bay area target stores are vaccinating children for free. the only criteria the little ones must be within four and 18 years old. in san jose children and their parents lined up to get protected. >> especially since we have an infant at home and the flu is so horrible this year it's just -- it'
e very much, rog. we've en speakin wit roch. >> jeff: altman. f coming up tomorrow, we'll talk with one top c.e.o. for his views on the fiscal cliff and what higher taxes and spending cuts mean for his business. stephen roell of johnson controls joins us. >> reporter: pfizer took a big hit this year when its blockbuster cholesterol drug lipitor came off patent. still ahead, the outlook for the generic drug business in 2013. >> susie: on wall street today, another triple-digit gain in blue chip stocks on hopes that a fiscal cliff deal is in the works. investors were also reassured by another positive report from the housing sector. homebuilder cfidence hit its highest level since the spring of 2006. but the housing recovery still has a ways to go: index readings above 50 reflect a positive outlook. some encouraging news on europe's economic crisis: standard and poor's gave greece a better grade. it got upgraded to a "b-minus" from "selective default" thanks to reassurances that greece will stay in the eurozone. on wall street, the dow rose 115 points, the nasdaq gained almost 44
of the top names in music. as jeff glor reports, the cause hits home for many of them. >> i've never seen anything remotely close to what hurricane sandy was. >> reporter: sandy was a worth-case scenario storm. millions lost power, thousands lost homes, and over 130 people lost their lives. new jersey new york and connecticut were the hardest hit. they're also home to some of the biggest names in music. >> i was here during the storm. it was scary. >> to witness my city and the tri-state area really going through something where nobody could control it. >> this was just complete and entire buildings washed away into the sea. >> reporter: 121212, the concert for sandy relief at madison square garden is being called one of the biggest music events of all time. >> we called bruce springsteen and paul mccartney and they said yes immediately. >> reporter: the last time producers managed to bring this many big names together, it was after 9/11. ♪ i've seen the lights go out on broadway ♪ >> reporter: 121212 has already raise third degree $2 million in sponsorship b
chevy silverado and gmc pickups hoping the new models will drive sales for the auto giant. jeff flock live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff levels, but plans in place to do all that. we don't think we need to. >> what does your internal planning say if you go over? >> we take a look at different car lines by segment and look at where the strike is a and look t the pent-up demand. >> this is a huge vehicle for gm, the best-selling of all gm vehicles. a quick look at what they unveil look like, a really exciting unveil. harkening back the old old days where they blew things up and crash cars through things. a big unveiling for g gm. good luck to them, they will ne
, is jeff immelt's cozy relationship with the president costing general electric shareholders money? we will be discussing it. and i lost on friday when i questioned "the washington po " post's" claim that the senate would be better with more women. i'm not done debating that. more coming up on this program today. and we want to hear from you as well. send your e-mails to varney@foxbusiness.com and we read them on the air. and we read all of them, by the way. i've got news, clearwire selling itself to sprint for $2.97 a share and sprint raised its offer by 7 cents. some clearwire shareholders wanted and expected more. that stock is down. sprint is up, it's getting what people consider a good deal, at least that's what the market is saying. it's up what, 4 cents, not much. aig selling the rest of its asian insurance unit it's going to bring in 6.5 billion dollars. that was the jewel in the aig empire, being sold. general electric, meeting with investors in new york today. on friday it raised its dividend, but it will pay it next year. not good for shareholders because if taxes go up, th
better than i found it. now i'm next to marco rubio and pat toomey, ted cruz and jeff blake and the people i have gone out to work with the americans to elect. there are champions to do this for me. i want to cover them. i want to help them by going to the american people. asking them to support people. when they say no. but also when they say yes to the right ideas. i'm in a more powerful position than single united states senator. i wouldn't feel good about leighing if we didn't have new bright young conservatives in the senate. but it's time that the con seventives take control of the message. let americans know what we can do to make their lives better. republicans haven't done that good of a job by a party doing that. >> we had thousands of e-mails after we broke news at 10:30 this morning. sheila is unof them who said what a disappointment. he cutting and running from the senate. we don't need senator demint at the heritage foundation. they are a think tank. they don't pass laws. senator demint is leaving the senate for his own personal wealth. he is coward. he is stan
doesn't mean what i really think. >> that would be easier to believe, jeff, if you didn't show up here tonight. >> then they were arrested by police waiting outside. >> trust me, it will never happen again. >> if there is nothing else you have to say then you are free he to walk out that door. >> he walks outside and is arrested by that camouflaged officer. >> police, stay down. >> the show was a ratings dream until tragedy struck. >> it was a texas prosecutor. he was allegedly chatting online with somebody that he believed to be a 12-year-old. that, in fact, it was this plant, sort of from this organization called perverted justice. >> in november of 2006, a former north texas district attorney, 56-year-old lewis conrad, shot himself when cops confronted him after the sting. which brings us to radio. the home of more pranksters than any other media. in this prank heard around the world. >> yes >> it came across the most closely watched pregnancy of the 21st century. >> the nurse was a i have. prank call pregnant duchess has been found dead. >> she was found near the hospital this morn
acknowledging that it will be just a drop in the bucket in terms of what's needed to rebuild. jeff pegues, abc news, new york. >> a drop in the bucket but a fantastic start. that's for sure. some of the big headliners were born here, raised here. you think of bon jovi, bruce springsteen. billy joel. >> rob nelson up there jamming. >> so many good folks from this area. always good to see them help. >> i didn't know that you could play such fine instruments. >> a man of many talents. as is our dick debartolo. if you want to get a top pi of the book, check it out on am don.com. you disgust me. prove it. enough is enough. d-con no view, no touch trap snaps to kill instantly. no looking, no touching. d-con. get out. >>> this morning on "world news now," the search for answers. we're learning new details about the gunman in the deadly oregon mall shooting. >> and while we know who he was, investigators are still trying to figure out why he snapped. it's thursday, december 13th. >> announcer: from abc news, this is "world news now." >> happy thursday. we're almost to the weekend. i'm paula faris. >>
in the senate race? you have jeff flake, a longtime incumbent who has a track record, an interesting truckload on the immigration issue. talk about the way latinos voted in there and the way immigration played. >> you. well, to answer your question why did flake when, it really boils down to name recognition. flake as you indicated, is a well-known name in arizona politics. serving sense, you know, a decade, and the feminine goes way back. his heritage goes way back to the pioneers. that's another thing, factor to keep in mind just the level of enthusiasm among mormon voters were voting for jeff flake but also get mitt romney on the ballot, a mormon candidate. to get high levels of enthusiasm among mormon, the mormon electorate to vote for the two candidates, and that was a significant hurdle for carmona, and obama's campaign to overcome in arizona. >> let's delve into that really briefly because it seems like there is, it seems like there's a potential path for victory for republicans that doesn't necessarily involve latino voters if they can find other ways to tap in and expand their bases.
santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz is an equity research analyst and joins us from new york. good to see. good morning. >> thanks for having me. >> new year is going to be fascinating to watch. dodd frank implementation. let's just talk about the rules first. investors know these are coming and why are the stocks trading up in light of what we know is going to be a different kind of year? >> well, one reason that you've seen the runup is a lot of the uncertainty seems to be to be working away. the banks are making the changes to live in this post basal 3 dodd/f
. scott is not there yet. jeff cox, the market is still waiting on the fiscal cliff. they're still sort of held accountable for that right now. yet, the investors' sentiment numbers are the highest in a while. what do you make of that? >> this isn't just the most hated stock market rally ever as some have suggested. this might be the most hated stock market ever. let's just talk about some quick numbers. market trading volume down 19% this year. we've seen $125 billion come out of equity based mutual funds. $300 billion go into bond funds. really, no appetite for getting into this market in terms of the volume. why? i think there's a general distrust of the markets. fiscal cliff and all of the other stuff. great story on the front page of wall street journal today talking about portfolio pumping. another example of investors thinking they're not getting a fair shake out of the stock market. >> larry, you call that complacency, don't you? >> that's right. i'm actually shocked that these investors appear to be asleep at the switch in light of the fiscal fiasco looming in less than a month
you, with a picture of jeff bridges from "the big lewbowski." >> weed busts really put a tax on law enforcement. you have to pull somebody over, if you find a bong or something else, there's an arrest, probably a misdemeanor. there really is a draining of police resources but i'll tell you where the money is being made. it's being made in the court system on the fiennes. so there is no grand rush to legitimize or legalize marijuana frankly because the penal system is profiting from it. i'll tell you what else is happening. some kids are being convicted of misdemeanors, low level felonies, and it's ruining their lives. they're not able to get jobs or federal student aid for school and those kind of things. i'm the biggest truther there is on some of this stuff, but if you're smoking it in your house, i just think it's your business. >> what does the federal government do? >> the federal government considered pot the same as lsd and heroin. >> same classification of drug. >> heroin. i didn't even know heroin still existed. apparently it still does. and pot does, too. the difference is
calgt. i actually think i'm like jeff dunham. i'm a ventriloquist forcing the governor of rhode island to call it a holiday tree. he didn't say that i made him say that. >> they want to deny it because they don't want to fight it the war on christmas did start in earnest this year with your debate with the governor of rhode island lincoln chafee who by the way to quote the great late fog horn leg horn is about as sharp as a bowling ball this guy when he got in the ring with you, bill, like justin bieber getting in the ring with mike tyson. the war on christmas is very very real. and if you ask me, you know, in addition to some grouchy, you know, throp pick heathen atheist it has to do with two things. abortion and the gay rights agenda because christianity is against those things and that's subtle but that's why it's so pronounced in recent years. in my opinion. >> bill: 100% agree. i absolutely agree 100%. it's the diminishment of christianity is the target and christmas is the vehicle because the secularists know the opposition to their agenda. legalized drugs n that as welcomes prim
right. john, what are your clients telling you right now? jeff just said i think it was over the weekend that so many of their customers are clenched right now. that they're just waiting to see what the resolution of the fiscal cliff is that they're holding back on orders. is that the case with some of your clients as well? >> well, i think right now we haven't received the clarity of the election we were hoping for. i think both sides republicans and democrats are basically negotiating behind closed doors. hopefully i think the news over the weekend was a lot better than it had been. moving a little bit. senator corker moving as well. we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli sho
to thank jeff and gibby for giving me a great tour of the factory. [applause] i've got to say i love coming to factories. >> i love you! >> i love you. so in addition to seeing the best workers in the world -- you've also got all this cool equipment. [laughter] i wanted to try out some of the equipment, but secret service wouldn't let me. [laughter] they said, you're going to drop something on your head, hurt yourself. [laughter] they were worried i'd mess something up. and jeff and gibby may not admit it, but i think they were pretty happy the secret service wouldn't let me touch the equipment. now, it's been a little over a month since the election came to an end. [applause] so it's now safe for you to turn your televisions back on. [laughter] all those scary political ads are off the air. you can answer your phone again -- nobody is calling you in the middle of dinner asking for your support. but, look, i have to admit there's one part of the campaign that i miss, and that is it is a great excuse for me to get out of washington and come to towns like this and talk to the people who work
to a single telemarketing firm which just happens to have been founded by current rnc chief of staff jeff larson. >> it's sort of a closed loop world here where -- >> unbelievable. >> you have people working for the party but they have side contracts with the party and then no matter what happens, no matter the fortunes of the candidates, for the senate or congress or even presidentially, the folks who have the deals, they always end up coming out on top, win or lose. >> right. and karen, no less a conservative than bill krystal is writing about this now. he says of his own party, quote, the conservative movement is in deep disarray. it may be that major parts of american conservatism have become such a racket that a kind of refounding of the movement as a cause is necessary. it is a racket when you have a serial adulterer like newt gingrich and you have got a criminally wrong dick morris still in the racket still making millions. >> but they're the party of family values, what do you mean? >> sorry. they're making millions. >> absolutely, they are making millions, and the thing is they'r
for worldwide aging population. i expect ge to be very upbeat. i think jeff immelt's going to tell a good story. some of that's because the company just boosted its dividend by 12% today p. you don't do that if you're doing poorly. the meeting will be the most talked about event of the day, maybe even the week other than the fiscal cliff. next up, oracle reports on tuesday after the close. i normally like oracle going to earnings. i heard so many rumblings of a better than expected quarter that it makes me nervous given the stock rallied some 25% on the year. the quarter's got to be lights out or we can see beatdown. wednesday morning we get a result from the exact opposite of oracle's general mills. nothing like -- this one just kind of goes up a little bit each quarter, delivers superior returns over a long period of time. and allows you to sleep at night. general mills hasn't done anything of late. but do you pocket that fine dividend, hold on, leisurely ride. stephanie link and i were talking about the stock last night. she's the co-director of actionalertsplus.com, my charitable trust. it'
. jeff bridges. >> i know. >> have you seen it? >> i want to see that and avatar. >> they have come a long way. let me play a game with you. great lawyer? >> ted. >> david. >> too easy. >> the adversaries are now friends, really good friends, and when we asked to meet with them, they suggested a personal spot. david boyce's apartment in new york city. >> if anybody had said to me nine years ago that i would be about to be interviewing the two men who fought each other tooth and nail in bush versus gore on the same side of a constitutional fight, i would have said, are you crazy? >> actually, david and i talked about this in 2000. as we were getting ready to argue in the supreme court, that some day we'd like to be on the same side in the united states supreme court. and we said some day, some day someone is going to come to us who will want to get married, and they'll be gay. >> it would take nearly a decade for that to actually happen. >> what do we want? >> olson was recruited by a group of hollywood activists who wanted to challenge proposition 8. the controversial 2008 ballot in
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